Welcome back to On the Daily, FXDD’s daily research blog. Recently we took a brief break to reorganize some of our internal models and methods to enhance our research process. In addition to updating our models, we are updating our content delivery services. In the coming weeks, On the Daily will be migrating to Substack. You can find the link by clicking here.

We won’t update our commentary today, but here are our updated monitor & models. Let us start with our tracking of global economic momentum:

To add to this picture, here are our global economic cycle, forecast models. A level of 50 implies growth at the local mean, above 50 indicates accelerating economic growth, and below 50% indicates slowing growth:

Additionally, we offer a sliver of our tracking of high-frequency global growth indicators:

Next, we offer our Market Environment Monitor, which aggregates the growth and inflation signals from major global investment markets to tell us what the current market environment is, i.e., expansion, inflation, deflation, or stagflation:

Finally, we show our proxy for capital flows using our Currency Bloc Monitor, which aggregates exchange rate moves across 20+ currency pairs into significant regions or Blocs. We offer the evolution of these Currency Blocs over time:

Until tomorrow!